v3.23.3
Condensed Balance Sheets (Unaudited) - APC - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 1,676 $ 1,917
Receivables —    
Customer accounts, net and Affiliated 2,230 2,128
Unbilled revenues 547 1,012
Other accounts and notes 553 637
Accumulated provision for uncollectible accounts (78) (71)
Fossil fuel stock 829 575
Materials and supplies 1,913 1,664
Prepaid expenses 321 347
Other regulatory assets 996 968
Other current assets 544 344
Total current assets 11,088 10,416
Property, Plant, and Equipment:    
In service 125,573 117,529
Less: Accumulated depreciation 37,199 35,297
Plant in service, net of depreciation 88,374 82,232
Other utility plant, net 522 599
Nuclear fuel, at amortized cost 862 843
Construction work in progress 8,496 10,896
Total property, plant, and equipment 98,254 94,570
Other Property and Investments:    
Nuclear decommissioning trusts, at fair value 2,207 2,145
Equity investments in unconsolidated subsidiaries 1,376 1,443
Miscellaneous property and investments 651 602
Total other property and investments 9,772 9,757
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 1,467 1,531
Deferred charges related to income taxes 889 866
Regulatory assets – asset retirement obligations 5,629 5,764
Other regulatory assets, deferred 5,666 5,918
Other deferred charges and assets 1,479 1,485
Total deferred charges and other assets 19,207 20,148
Total Assets 138,321 134,891
Current Liabilities:    
Securities due within one year 3,076 4,285
Accounts payable —    
Customer deposits 511 502
Accrued interest 573 614
Accrued compensation 936 1,127
Asset retirement obligations 727 694
Other regulatory liabilities 163 382
Other current liabilities 943 787
Total current liabilities 13,214 15,724
Long-term Debt 56,003 50,656
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 10,774 10,036
Deferred credits related to income taxes 4,813 5,235
Accumulated deferred ITCs 2,071 2,133
Employee benefit obligations 1,184 1,238
Operating lease obligations, deferred 1,320 1,388
Asset retirement obligations, deferred 9,872 10,146
Other regulatory liabilities, deferred 660 733
Other deferred credits and liabilities 1,166 1,167
Total deferred credits and other liabilities 33,800 33,979
Total Liabilities 103,017 100,359
Total Stockholders' Equity 35,304 34,532
Total Liabilities and Stockholders' Equity 138,321 134,891
Alabama Power    
Current Assets:    
Cash and cash equivalents 621 687
Receivables —    
Unbilled revenues 162 174
Other accounts and notes 114 153
Accumulated provision for uncollectible accounts (16) (14)
Fossil fuel stock 342 229
Materials and supplies 624 557
Prepaid expenses 72 65
Other regulatory assets 549 474
Other current assets 171 67
Total current assets 3,376 2,924
Property, Plant, and Equipment:    
In service 34,313 33,472
Less: Accumulated depreciation 11,042 10,470
Plant in service, net of depreciation 23,271 23,002
Other utility plant, net 522 599
Nuclear fuel, at amortized cost 240 239
Construction work in progress 1,759 1,526
Total property, plant, and equipment 25,792 25,366
Other Property and Investments:    
Nuclear decommissioning trusts, at fair value 1,165 1,127
Equity investments in unconsolidated subsidiaries 53 57
Miscellaneous property and investments 156 124
Total other property and investments 1,374 1,308
Deferred Charges and Other Assets:    
Operating lease right-of-use assets, net of amortization 88 71
Deferred charges related to income taxes 263 250
Prepaid pension and other postretirement benefit costs 735 657
Regulatory assets – asset retirement obligations 1,881 1,845
Other regulatory assets, deferred 1,706 2,107
Other deferred charges and assets 455 442
Total deferred charges and other assets 5,128 5,372
Total Assets 35,670 34,970
Current Liabilities:    
Securities due within one year 522 301
Accounts payable —    
Customer deposits 105 106
Accrued taxes 305 57
Accrued interest 84 120
Accrued compensation 193 229
Asset retirement obligations 342 330
Other regulatory liabilities 28 96
Other current liabilities 158 91
Total current liabilities 2,419 2,414
Long-term Debt 10,661 10,329
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 4,082 3,981
Deferred credits related to income taxes 1,626 1,925
Accumulated deferred ITCs 76 81
Employee benefit obligations 146 145
Operating lease obligations, deferred 81 67
Asset retirement obligations, deferred 3,859 3,957
Other regulatory liabilities, deferred 284 315
Other deferred credits and liabilities 85 69
Total deferred credits and other liabilities 10,239 10,540
Total Liabilities 23,319 23,283
Total Stockholders' Equity 12,351 11,687
Total Liabilities and Stockholders' Equity 35,670 34,970
Alabama Power | Nonrelated Party    
Receivables —    
Customer accounts, net and Affiliated 624 431
Accounts payable —    
Affiliated and Other 377 641
Alabama Power | Related Party    
Receivables —    
Customer accounts, net and Affiliated 113 101
Accounts payable —    
Affiliated and Other $ 305 $ 443